Local bank holding company Truxton Corp. has hired a wealth advisor team leader specializing in tax matters from KraftCPAs.

Brad Dunlavy has joined Truxton as senior vice president. He had been at Kraft for almost six years and before that spent more than five years at Regions Bank and more than 18 years at SunTrust Bank.

"Brad Dunlavy has a thirty year track record as a trusted advisor to wealthy families," said Derrick Jones, Truxton managing director of wealth management. "His expertise in trust tax matters is unparalleled. Truxton clients will benefit from working with the very best."

Truxton recently reported second-quarter profits of about $1.1 million, an increase of more than a third from a year earlier. Shares of the company (Ticker: TRUX) last changed at $19.50 and have risen 18 percent.